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Boost your Business in Philadelphia – Receive a $50k forgivable loan

Our friends from PIDC have shared this new program for businesses in Philadelphia and please, if you meet the requirements, start compiling the required document. You can find some of the details below (See links at the bottom): Boost Your Business is a program of the Department of Commerce — in partnership with PIDC, the City’s public-private economic

By |2024-06-13T17:29:53+00:00June 13th, 2024|Categories: Business|Tags: , , , , , , , , , , |

Increased SBA EILD loan cap to $2m

“The SBA’s COVID Economic Injury Disaster Loan program offers a lifeline to millions of small businesses who are still being impacted by the pandemic,” SBA Administrator Isabella Casillas Guzman said. “We’ve retooled this critical program – increasing the borrowing limit to $2 million, offering 24 months of deferment, and expanding flexibility to allow borrowers to

By |2021-09-10T19:14:39+00:00September 10th, 2021|Categories: Business|Tags: , , , , |

FAQ on PPP Loan Forgiveness (first release)

On August 4, 2020, the Small Business Administration (SBA), in consultation with the U.S. Treasury Department, issued new guidance through Frequently Asked Questions (FAQs) aimed at helping Paycheck Protection Program (PPP) borrowers navigate maximum loan forgiveness. This is the first release of clarification for the loan forgiveness as FAQs and we consider it a step

By |2021-01-05T10:48:49+00:00August 11th, 2020|Categories: Business|Tags: , , , |

NJEDA Announces Application for Loan Program for Small Businesses (Launch Date April 13, 2020)

The New Jersey Economic Development Authority (NJEDA) will launch the application for its Small Business Emergency Assistance Loan Program on Monday, April 13, 2020 at 9:00 am.  A link to the program application will be posted on the State’s COVID-19 Business Information Hub. To provide business owners the opportunity to prepare to apply for the loan,

By |2021-01-05T11:46:05+00:00April 9th, 2020|Categories: Business|Tags: , , |
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